Management vs. Sale
 

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LEASING AND MANAGEMENT OFFERS
•Preservation of your home
•Preservation of your financial asset
•Breathing space to outwait the sales market
•Time to determine whether your relocation will turn out to be short term or long term.
•The opportunity to retain a stability factor for you and your family while living away from the Metroplex
•The advantage of being able to write off mortgage interest, maintenance, and repair cost, leasing and management fees, etc. against your rental income
•Annual professional leasing and management fees are approx. one fifth of the avg. sales commission.

SALES OFFERS
•Giving up your home permanently
•Termination of further growth potential of your fixed asset
•No chance to enter the market at a time more favorable to the home owner (if still for sale at the time of your move, it may become a buyer’s market)
•A large commission payable at the time of sale, cutting into profit; sales commissions avg. approx. five times the annual fees to have your property professionally leased and managed.
•The expense of legal fees to have the sale transacted
•The need to enter the purchase market at the time of your return regardless of the current market conditions
•No time or opportunity to properly consider viable alternatives --when it’s sold, it’s sold!
 

 

Send mail to mike@paynerealty.org with questions or comments about property management.
Last modified: 10/10/05